The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

UNG

Concerning the House

The fund invests primarily in futures contracts for natural gas that are traded on the NYMEX, ICE Futures Europe and ICE Futures U.S. (together, “ICE Futures”) or other U.S. and foreign exchanges. The Benchmark Futures Contract is the futures contract on natural gas as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration.

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue-$162.01M+11.0%
Net income$34.23M-19.6%
Cash from ops$127.15M-17.9%
Quotation

$9.97

-0.23 (-2.3%)

52w hi$16.90
52w lo$9.63
Vol11.67M
As ofAug 13
The Verdict

Sell

Our score -1.08

Short-0.85
Medium-1.17
Long-1.37

computed 2026-08-13

By the Numbers

United States Natural Gas Fund, LP

— · —

Market cap
Enterprise value
Trailing P/E
Forward P/E
EV / EBITDA
P / S (ttm)
Profit margin
Return on equity
Revenue growth
Earnings growth
Debt / equity
Risk Metrics
Beta vs SPX-0.09
Corr SPX-0.02
Annual vol59.5%
Annual ret+0.2%
Sharpe0.00
Max DD-59.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.19
Sector
Technical-0.32
Earnings+0.00
Sentiment-0.48

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$10.01$10.11$9.89$9.9711.67M
Aug 12$10.25$10.30$10.17$10.208.94M
Aug 11$10.18$10.22$10.02$10.077.63M
Aug 10$10.17$10.23$10.13$10.1411.47M
Aug 7$9.78$9.81$9.68$9.748.06M